THE SKY: NOT FALLING
While the market is slowing, it is gradually evolving from its out of control, insane pace, to a normal seller’s market where pricing is key.
This month, 19% of all homes on the market in OC and SD were reduced. Homes that are overpriced or have location and/or environmental challenges must be priced correctly. Instantaneous expectations of overpriced listings are diminishing.
If you’re looking for more information about the real estate performance in many of Southern California’s most in-demand markets, click here to view the Pacific Sotheby’s International Realty IN FOCUS market reports.
Whether you are a first-time home buyer, an interested seller or building your investment portfolio, our reports are your best resource to make smart real estate decisions today.
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